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JFZ-Adobe Acrobat Pro DC File Eclit View Windlow Hel Home Tools Sign In +) 123% 4. Select the correct statement regarding relevant costs and/'or revenues
JFZ-Adobe Acrobat Pro DC File Eclit View Windlow Hel Home Tools Sign In +) 123% 4. Select the correct statement regarding "relevant" costs and/'or revenues a. Relevant costs are also known as "unavoidable costs" b. Relevant costs are only those that are based on prior decisions made and implemented c. Relevant revenues represent revenues that do not differ among the alternatives. d. None of the above represent correct statements 5. Bialobrzeski brought his lunch to work today, but now a friend, Cooper, has asked him to join her for lunch at the deli next door. Bialobrzeski indicated his interest and asked Cooper whether she would be paying for his lunch. She said "no way". Select the orect statement from Bialobrzeski's point of view a. The cost of the lunch brought represents an opportunity cost of dining with his friend. b. The cost of the lunch brought is relevant to the decision to have lunch with his friend c. The cost to buy lunch at the deli is not relevant because it has not yet been incurred. d. All of the above represent correct statements related to relevant costs 6. Ault & Lorkowski, Inc. manufactures multiple products in a single facility. Due to recent reported losses, management is considering the climination of onc of the products produced Which of the following costs is least likely to be relevant for this decision? a. Straight-Line depreciation of equipment used to produce the product in question b. "unit-level" material costs to produce the product in question c. packaging costs incurred to distribute the product in question d. "batch-level" setup costs that can be avoided by climinating the product showing the loss e. "product-level" costs (advertising) related to the product in question 3:38 PM Type here to search 10/1/2018
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